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Author Topic: 1 BTC = 1 BTC. You only lose if you sell. You're buying inflationary fiat.  (Read 626 times)
sklopan
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May 16, 2022, 05:20:17 PM
 #61

I have always been surprised by those who are nervous about a bad investment. It is worth immediately assessing all the risks of such an investment in order to assess the possible results.
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Jatiluhung
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May 16, 2022, 08:23:04 PM
 #62

Being a BTC Holder will have many advantages, but we also have to know what the risks are. Buying at a low price or several years ago will certainly get a lot of benefits if psychology is still strong and believes that bitcoin will continue to grow.
many people suddenly become rich because they managed to hold bitcoin until now.
then buying at a cheap price today can also be a good choice. Remember the target price of $100k is still not reached, bitcoin still has a long way to go. Don't FOMO and don't follow the scattered FUD.

yeah right. keep doing your own research and looking from various sources to know when to start buying Bitcoins. I myself have paid in installments (DCA) . and as you said today many people become rich because they are so strong they hold bitcoin for years even though the fud is scattered but they are not consumed by bad news and still believe in bitcoin. so that they reap the sweet fruit of this day, namely, great wealth. and they deserve it because their struggle in holding bitcoin is not something that is easy to do especially for people who are mentally weak.

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stompix
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May 17, 2022, 08:25:32 AM
Merited by NeuroticFish (2)
 #63

You're right that the current price (always) matters. But on the other hand, it matters only for the one who will buy or sell. If one decides to just hold for long, simply because he's no longer a good trader, or has never been, the price is just something not-really-relevant, which has a better chance to make him die of hearth attack before he gets to enjoy the returns of the investment. Or makes newbies panic sell (same newbies will be disappointed now, but may buy again when FOMO bubble is nearly at peak again).

I would say that it doesn't matter temporarily or for the time being.
Even the persons that hold, they hodl till a moment when the price becomes attractive to sell, I doubt that when BTC (big if!) hits 1 million too many will keep saying 1btc=1btc and more like 1 btc =5 lambos! Or rather than going through long explanations or scenarios, how about, "everything has a price".  Grin. There will always be either a price or a moment in life when everyone will simply say, f*& holding, I'm rich!

As for the newbies part, that's one of my biggest concerns when I'm entering bear mode.
If newbies get continuously scared by price dumps and they get fleeced in scams or pump and dumps schemes there is a moment when the inflow of users will start shrinking, and with a limited userbase there comes a limited fiat injection, and, you obviously can guess the end result.
That's why I'm always frowning and not cheering when I see talks about "weak hands/ cheap coins" and stuff like that.

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yhiaali3
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May 17, 2022, 08:38:32 AM
 #64

I don't understand why people compare bitcoin to dollars or any other fiat, bitcoin alone holds value while fiat doesn't, what makes these worthless fiat currencies have so much value? They are the ignorant people who do not know that the dollar is a worthless fake paper!!! Why do they not pay attention to what happened in many countries such as Venezuela, Zimbabwe and others, where paper currency has lost its value and people are using it to set fire or toilet paper!!! The same thing can happen to the dollar.

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May 17, 2022, 09:17:58 AM
 #65

I would say that it doesn't matter temporarily or for the time being.

I can agree to that. Wink

Even the persons that hold, they hodl till a moment when the price becomes attractive to sell, I doubt that when BTC (big if!) hits 1 million too many will keep saying 1btc=1btc and more like 1 btc =5 lambos! Or rather than going through long explanations or scenarios, how about, "everything has a price".  Grin. There will always be either a price or a moment in life when everyone will simply say, f*& holding, I'm rich!

I think that the price has to be over (not just at) a certain level (which is different from person to person) for some time, to allow him sell.
I don't realistically expect one will sell $1M worth of BTC at once, just because the price is good. Getting that much fiat can be ... risky.
1M is another story. People's expectations/dreams may also depend on how much BTC they have.
But yes, here we're pretty much on the same page.

As for the newbies part, that's one of my biggest concerns when I'm entering bear mode.
If newbies get continuously scared by price dumps and they get fleeced in scams or pump and dumps schemes there is a moment when the inflow of users will start shrinking, and with a limited userbase there comes a limited fiat injection, and, you obviously can guess the end result.
That's why I'm always frowning and not cheering when I see talks about "weak hands/ cheap coins" and stuff like that.

Imho the 1 BTC = 1 BTC is meant to help them handle their fears.
Even "yay, more cheap coins to buy" is something I see as informative/useful for the newbies.

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Anders_Bitcoin
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May 17, 2022, 09:25:06 AM
 #66

It's funny and sad to see all people panicking. They are selling and losing. They're buying inflationary fiat Grin Do they even know it?

Remember guys, 1 BTC will always equal 1 BTC and the supply is very limited. If you can see this in the long run you will be a winner. Of course, chickens will run home as always Smiley

Don't worry, HODL, BTC will come back stronger than before. To The Moon! BTC

- Let the haters feel good, this is all they can do anyway.
This is a fundamental thought. From trading profits (about 50% of it) I am buying bitcoin into my long-term spot portfolio. It does really matter
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May 17, 2022, 10:15:50 AM
 #67

That is the truth, bitcoin can not be compared to inflation coins, because Bitcoin Total supply 21,000,000, which 1BTC=1BTC no addition, and bitcoin is number one coin in crypto space, which many holder that did not saved it private key or Not saved it in propel for family not to have access to it and death take is the supply has automatically reduced without recorded on smart contract, Therefore is good to buy bitcoin and hold.
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May 17, 2022, 03:14:19 PM
 #68

-sni-p
investing with the DCA strategy will be very helpful. Because you will routinely buy bitcoin at any time even though the market is bearish or bullish. If you continue to do it and you believe, of course you will benefit from what you have done. Little by little more will accumulate. You also have to really prepare your mentality and of course there are some reserve funds that are specifically devoted to bitcoin installments.

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sklopan
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May 17, 2022, 04:20:57 PM
 #69

I like it better when someone buys a bitcoin at 60k and now the price has changed...and there is a debate about the final price.
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May 18, 2022, 03:06:34 PM
 #70

One tulip is still worth 1 tulip. Good job I didn't sell at the peak and buy a house

Tulips and bitcoins are not comparable.
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May 20, 2022, 02:12:28 AM
 #71

Even at this market condition MicroStrategy CEO Michael Saylor is bullish about the bitcoin price. He has mentioned of bitcoin as a long term investment and he'll continue to buy regardless of the price moves. His company stocks price fell down 45% from the previous week closing at the low of $168. About Dollar, the monetary policy expansion and inflation is a big problem affecting the purchasing power.

Current price action may seem discouraging for crypto investments but believe me, these are the best price to get into crypto. You will not find bitcoin under 30,000$ for long. There will be pain and fud in the market. If you are strong enough not to sell your coins in these panic times, believe me, you will be rewarded huge in the coming future.
Instead on freaking out yourself on these red or bearish times its more ideal if you do consider on having that DCA system as long your finances or budget allocation do permits you.
Not all would really be having the finances for them to make such action even if they wanted to but instead they do hold off their floating negatives until the market recovers.
For those people who had been dealing with this market and does have money to be invested then times like these are really the best one to dive in into the opportunity.
and besides there is other options right? and that is buying in the cheaper prices now and with that? of course we are all considering buying when the price is dumping  right now .

Like what OP says , it is 1btc=1btc and with that it will be always advantage for all of us in buying as long as we have our funds ready when there is a  bear happening like now.

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